OTCPK:JENGQ - Post by User
Comment by
netgenxon May 23, 2014 4:35pm
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Post# 22594093
RE:Looking to add to my portfolio
RE:Looking to add to my portfolio
From an earlier post of mine: "offsetting the negatives you have what most would consider a good growth rate, low P/E, and high dividend. I think there is low probability (30%) that they cut the divvy this year, but if they were to cut it by 25%, JE would still yield 9% and would easily bring the P.O. ratio below 100%. Frankly, I think the weather challenges faced this year will make client growth for next season a given as there were a lot of people with unexpectedly large heating bills this spring. All time low for JE was $6.08 earlier this year, so I don't think there's much downside from here." ------------------------------------------------ I would only add that since the earnings release and the downgrade from $10 to $5 by TD more than 2 million of the shares traded have been by TD (clients?) and frankly, anyone who would act on the recommendation of a analyst who would miss the mark by a factor of two is a fool. ________________________________ do your own DD, but idn'tsee much wrong here